K-shaped economy ‘alive and well,’ expert says. What new research shows

The so-called K-shaped economy is becoming more pronounced, new data shows. In the aftermath of the Covid pandemic, the K has been used to illustrate Americans’ diverging economic experiences: Higher-income households are increasingly better off, while lower-income households are falling further behind. A new report by credit reporting bureau TransUnion found that while credit conditions have improved…

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Newsom calls Trump ‘invasive species’ at redistricting rally

California Governor Gavin Newsom (D) criticized President Trump on Saturday attending a rally To speak out against Texas’s successful redistricting efforts. “We’re dealing with an invasive species named Donald Trump,” Newsom told the crowd In Houston. He added, “However, he is a historically unpopular president. A historically unpopular president in every major category.” Trump’s approval…

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